Cost of Living: Portland, OR vs Durango, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portland | Durango |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $494,000 | $526,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2240 | $1920 |
Housing Comparison: Portland vs Durango
- The median home price in Durango is higher at $526,000, compared to $494,000 in Portland.
- Renting a two-bedroom apartment costs more in Portland at $2,200 than in Durango at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portland | Durango |
|---|---|---|
| Electricity Price | $15.12 | $15.21 |
| Natural Gas Price | $16.5 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portland vs Durango
- Durango has higher electricity costs at $15.21 per kWh, versus $15.12 in Portland.
- Natural gas is more expensive in Portland at $16.5 per unit, while it is cheaper at $11.3 in Durango.
- Utility expenses are equal in both Portland and Durango averaging $250.